Often referred to as the pearl of South Asia, Sri Lanka’s strategic position at the southernmost point between Africa, the Middle East and East Asia has supported its transformation into a leading global shipping hub. The Port of Colombo now stands as the largest and busiest in the region, benefitting from years of investment that have...
After the election of President Maithripala Sirisena in January 2015, the spending habits of former President Mahinda Rajapaksa’s government have come under increased scrutiny, with efforts to improve transparency being a critical priority for the new administration. President Sirisena ran on a platform of confronting corruption, which at the...
Often referred to as the pearl of South Asia, Sri Lanka’s strategic position at the southernmost point between Africa, the Middle East and East Asia has supported its transformation into a leading global shipping hub. The Port of Colombo now stands as the largest and busiest in the region, benefitting from years of investment that have significantly increased handling capacity and cargo...
Sri Lanka’s investment environment is set to become more balanced, transparent and predictable, with the elections of 2015 largely heralded as a win for inclusive governance, providing a fresh five-year mandate for an administration committed to economic revolution. As the country looks to broaden its investor base, it is hoped that policy changes and plans brought in by the new government will attract the added investment needed to help the country reach its growth goals.
The emirate is home to nine non-oil ports, all of which are managed by Abu Dhabi Ports, though the container terminal within Khalifa Port is operated under a 30-year concession signed in 2012 by Abu Dhabi Terminals (ADT), a joint venture between Abu Dhabi Ports, Abu Dhabi-based investment and development company Mubadala Development Company,...
With passenger numbers at Abu Dhabi International Airport (AUH) rising rapidly and its main customer, Etihad Airways, in the midst of a major expansion drive, work is under way to significantly increase capacity at the airport through the construction of a new terminal. The project, known as the Midfield Terminal Building (MTB), is scheduled...
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